Freo's View

FREMANTLE VACANCIES NOT TOO BAD

Posted in city of fremantle, hospitality, real estate, retail, shopping, Uncategorized by freoview on July 21, 2017

 

Fremantle is doing pretty well in the commercial vacancy rate comparison with other councils.

The West Australian this week released the vacancy figures for Bayview Terrace in Claremont at 10.16%, Napoleon Street in Cottesloe at 6.81% and Rokeby Road in Subiaco at 5.94%, but failed to mention Fremantle shopping streets.

The best performing street was Oxford Street in Leederville that has no vacancies.

When we compare Freo’s main shopping streets we are doing alright here and it is not as bleak as some people think.

Commercial vacancies in Fremantle high streets are:

  • High Street mall and west end 5%
  • South Terrace 3%
  • Cappuccino Strip and Market Street 5%

However the more run-down part of Fremantle that is waiting to be developed has higher vacancy rates:

  • Cantonment Street 16%
  • Adelaide Street 21%

Adelaide Street is of course waiting for the Hilton Hotel and Little Laneway (Spotlight site) developments, while Cantonment Street will be transformed with the Woolstores shopping centre development.

 

Roel Loopers

 

FREO LANDLORDS SHOULD FOLLOW SUBI

Posted in city of fremantle, property, real estate, retail, Uncategorized by freoview on July 21, 2017

 

According to today’s POST newspaper Subiaco’s Rokeby Road is making a major comeback, due to landlords halving rents and Subiaco Council dropping alfresco and trading fees.

While vacancy rates in Fremantle are lower than the average in the metro area, high rents in our port city are a major worry for small retailers, and Fremantle Council is powerless to do anything about it.

I have suggested before that Freo Council should relax its alfresco fees during the Kings Square development to help traders in the area and should allow retailers to offer their wares out on the street.

Subiaco Council has offered bollards, space and decking to hospitality operators, so that creating alfresco spaces does not put a huge financial burden on them. Something the CoF should consider, I believe.

 

Roel Loopers

 

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POPULAR FREMANTLE AUCTION

Posted in fremantle, property, real estate, Uncategorized by freoview on May 6, 2017

 

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There was quite a bit of interest this morning at the  auction for the building on the corner of Marine Terrace and Cliff Street in Fremantle.

It is a beautiful building opposite the Shipwreck Museum and one minute away from Bathers Beach.

But I did not win the Lotto jackpot again on Thursday. ; >(

Roel Loopers

NEW APARTMENTS FOR FREMANTLE WORKERS CLUB

Posted in architecture, development, fremantle, real estate by freoview on November 8, 2016

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The Fremantle Workers Club in Henry Street is due for development with signs being put up to promote the Social on Henry spacious boutique apartments in the heart of the historic West End.

There will be 1, 2 and 3 bedroom apartments and starting price is $ 495,000.

Check it out on their website.

Roel Loopers

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FREO COLLIE STREET CARPARK SOLD

Posted in fremantle, property, real estate by freoview on October 26, 2016

One of the highest property sales in Fremantle for a long time has been completed with the $ 38 million sale of the Collie Street carpark in the city centre.

The uninspiring building was built in 2003.

Roel Loopers

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MAKE A SMART CHOICE AND GO TO ALI!

Posted in fremantle, home, housing, real estate by freoview on August 28, 2016

smartchoice

 

My mate Saff Ali is one of Fremantle’s newest real estate agents, so if you want to buy or sell a property contact him at Smarchoice!

Saff and his colleague drove by as I was photographing the Atwell  Arcade, so had to take a quick snap of the cute little car.

Ali is a lovely guy and also a very good photographer. He is the one in the foreground.

Roel Loopers

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FREO’S APARTMENTS ARE POPULAR

Posted in fremantle, housing, lifestyle, real estate, western australia by freoview on August 2, 2016

Good news for Fremantle developers and apartment owners! According to independent analysts PropertyESP the Freo apartment market has remained steady.

While the spike in sales was in 2013, Fremantle, especially North Fremantle, remained consistent, according to the analysts, however North Coogee median prices dropped significantly from $ 1.3 million to only $ 600,000 between 2010-2015. But North Fremantle median prices rose from $ 1 million in 2010 to $ 1.3 million in 2015.

It is believed the fact that many Fremantle apartments have river or ocean views, or both, and are close to the beaches is the reason for Freo’s popularity.

This sits pretty well with the City of Fremantle’s policy to attract more people living and working in the centre of the city.

Roel Loopers

 

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HEIRLOOM DEVELOPMENT LOOKING GREAT

Posted in architecture, development, fremantle, real estate, residential, western australia by freoview on July 16, 2016

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Part of the scaffolding on the Heirloom by Match development of the former Dalgety Woolstore has been removed at Beach Street and I think it looks very impressive so far.

The development will see over 150 new residential apartments in the east CBD of Fremantle and together with other planned new buildings will see a substantial increase of inner city residents in the next few years, which will be a much-needed boost for the retail and hospitality economy.

Apartments at heirloom sell from $ 495,000 and there are still some for sale, so if you want inner city living in a heritage environment with sweeping views over Fremantle Port, go and check it out.

The development is a joined venture by the Match group and Sirona Capital.

Roel Loopers

FREMANTLE RATES AVERAGE IN PERTH METRO

Posted in city of fremantle, councils, local government, real estate, western australia by freoview on June 18, 2016

The West Australian today compares, in an ‘exclusive’, council rates in the Perth metro area, and the good news is that Fremantle is only at number 13 of the 29 councils.

The average residential rates in 2015-2016 in Fremantle were $ 1,647.78 and in East Fremantle, that is number 10 on the list $ 1,810.65.

Melville is 17th with $ 1,599.16 and Cockburn comes in as 25th with just $ 1,460.07.

As West reporter Kate Emery rightly points out rates are affected by house prices and it is difficult to compare council rates because councils use different ways of calculating rates.

Roel Loopers

 

DRAMATIC DROP IN NORTH FREMANTLE HOUSE PRICES

Posted in fremantle, housing, real estate, western australia by freoview on June 11, 2016

Latest figures by REIWA, the Real Estate Institute of Western Australia, show that median house prices in North Fremantle have dropped by a whopping 25,6 per cent over the last 12 months, while prices in South Fremantle went up by 13 per cent.

I wonder what the reasons for that might be.

Roel Loopers

 

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